Corporate & Commercial

RSS Link

It has been several months since I posted a blog here with personal reflections on 9/11. Unfortunately, the timing of this Memorial Day blog compels yet another reflection on tragedy but with a small suggestion for what each of us might do to make this post Memorial Day different from years past.

For many, Memorial Day is the celebration of the unofficial start of summer while we also pay homage to those who have given the ultimate sacrifice for our freedom. Both are good and right things to do. But I would be completely tone deaf not to acknowledge the…
Continue Reading Make This Post Memorial Day Different

http-www-keytlaw-com-azllclaw-wp-content-uploads-rickcarol-jpg

On January 29, 1972, 50 years ago I married the love of my life.  Finding and marrying Carol was the best thing that ever happened to me.  I first saw Carol at a Phi Gamma Delta fraternity party at Penn State in the winter of 1967.  I was a pledge and she had been invited to the frat party because her sister Ellen was pinned to one of my frat brothers.  It wasn’t love at first sight, but I do remember I thought she was the prettiest girl I had ever seen.
We were both freshmen that winter.  Carol dated…
Continue Reading My 50th Wedding Anniversary

Question: People frequently ask me why they should hire me, Richard Keyt, an Arizona LLC attorney who has formed 8,200+ AZ LLCs, to form their Arizona limited liability company instead of LegalZoom?
Answer: People should hire me to form their AZ LLC instead of LegalZoom for the following reasons:

  • I’m $245 Cheaper than LegalZoom for Similar Services: As of 1/15/22 my $597 Silver LLC package is $245 cheaper than the $842 LegalZoom charges for its express gold LLC package that provides services similar to our Silver LLC package.  LegalZoom’s statutory agent (aka Registered Agent) Service is $249/year after the

…
Continue Reading Don’t Pay LegalZoom $245 More than an Arizona LLC Attorney to Form an Arizona LLC?

On January 1, 2022, the following new Arizona laws became effective:

  • The minimum wage is $12.80 per hour, which is an increase from $12.15 per hour.
  • Instead of having four state income tax brackets, Arizona income tax changed to two tax brackets.  The tax rates are 2.55 percent and 2.98 percent.  Single people and married people filing separately pay the lower rate if their taxable income is $27,272 or less or the higher rate if their taxable income exceeds $27,272.  Married people filing jointly pay the lower rate if their income is less than $54,544 or the higher rate if

…
Continue Reading New Arizona Laws Effective 1/1/22

In Chicago, September 11, 2001 began as a beautiful crisp fall day—not a cloud in the sky. About 8:00 a.m. I entered the building at 221 N. LaSalle to start my usual day as a law clerk at Fishman Fishman & Saltzberg. It was also my third year of attending Chicago-Kent law school at night. There was a restaurant bar as you entered the building on the LaSalle street side and you could see a TV inside.

As usual, the TV was tuned to CNN. It was my routine to glance at the TV to see if there was any…
Continue Reading Personal Reflections on 9/11

You may remember that the restaurant franchisor Jimmy Johns made news a few years ago by trying to enforce restrictive covenant agreements to keep even low wage sandwich makers from going to competitors. Starting January 1, 2022, the Illinois Freedom to Work Act (IFWA) will effectively prohibit employers from imposing restrictions on low wage workers when they jump ship to a competitor.

Old Rules

Non-Compete Agreements are very common for higher wage workers or other professionals who gain extraordinary access to confidential company sales and marketing plans and other type of trade secret protectable intellectual property. However, under Illinois law…
Continue Reading Restrictive Covenants Get Restricted: Illinois' New Freedom to Work Act

https-i-ytimg-com-vi-vd0kois124-hqdefault-jpg

Calling it a key security issue, the Internal Revenue Service on July 31, 2021, urged entities with Employer Identification Numbers (EINs) to update their applications if there has been a change in the responsible party or contact information.
IRS regulations require EIN holders to update responsible party information within 60 days of any change by filing Form 8822-B, Change of Address or Responsible Party – Business. It is critical that the IRS have accurate information in cases of identity theft or other fraud issues related to EINs or business accounts.
The data around the “responsible parties” for business-type entities…
Continue Reading Businesses with an EIN Must Notify IRS of Changes with Respect to Responsible Parties

On June 29, 2021, the Arizona Corporation Commission added new features to its online service.  These new features are called “owners” and “authorized filers.”

  • Owner.  The owner of an account for an LLC, PLLC or corporation created on the ACC’s online website is the person whose user name and password was used to login to the ACC’s website and who then formed the LLC, PLLC or corporation.  Only companies created online after May 21, 2018, have owners.  Companies created by filing paper forms do not have owners.  ACC staff can add an owner to a company if the company does

…
Continue Reading Arizona Corporation Commission Creates Authorized Filers

On January 1, 2021, a new federal law called the Corporate Transparency Act (CTA) became law.  The CTA requires almost all LLCs,  PLLCs, for profit corporations, limited partnerships and other entities created by filing a document with a state to file a report with the Financial Crimes Enforcement Network (“FinCen”) of the U.S. Treasury that discloses information about the entity, its beneficial owners and the person who filed the entity’s formation document with its formation state.
Warning: If you are an owner of a U.S. company you need to read the article on our Corporate Transparency Act website to learn…
Continue Reading Your Company Must File a Report with FinCen or Be Fined $500/Day

https-www-keytlaw-com-azllclaw-wp-content-uploads-legalzoom-prices-2-scaled-jpg

Question: People frequently ask me why they should hire me, Richard Keyt, to form their Arizona limited liability company instead of LegalZoom?
Answer: People should hire me to form their AZ LLC instead of LegalZoom for the following major reasons:

  • I’m Cheaper than LegalZoom: As of 5/9/21 my $597 Silver LLC package is $86 cheaper than LegalZoom’s express gold LLC package with similar services that costs $842.

  • I’ll Form Your LLC a Minimum of Ten Days Before LegalZoom:  I form new LLCs and get them approved by the Arizona Corporation Commission the same day you approve your LLC formation

…
Continue Reading Should You Pay LegalZoom More than an Arizona LLC Attorney to Form an Arizona LLC?

On October 7, 2020, the Supreme Court heard oral argument in the matter of Google v. Oracle. The justices are being asked to decide whether Google’s copying of certain Oracle code in its Android platform for mobile devices was illegal. A decision is expected this June. In this blog, I will take you through a basic understanding of a key legal argument: what is fair use in copyright law?

I Can’t Just “Google It”?

The issues in Google v Oracle are whether the Oracle’s code in a computer program is even entitled to its current legal protection, and…
Continue Reading Fair Use: Will the Supreme Court Know it When it Sees It?

https-weinbergerlawaz-com-wp-content-uploads-2020-10-wl10233-png

 
Weinberger Law Newsletter – February 2021
Time to Address Your Legal Affairs Again

Even though the COVID-19 pandemic is not anywhere nearly over, of late, we have been seeing our clients easing up on their own restrictions and beginning to focus again on getting on top of their legal affairs. During 2020, many legal issues, particularly those pertaining to disputes between business partners and contracts, were – for the most part – allowed to fester.
Now though, we are seeing much more proactivity, and clients are no longer allowing business toothaches to turn into root canals, so to speak.
Continue Reading Weinberger Law Newsletter – February 2021

 
I Have Been Served with a Lawsuit – What do I do Now?The Definitive Steps You Should Take
 
Being served with a lawsuit is a jarring experience, especially if you have not been involved in litigation before.  Maybe you were expecting the lawsuit, maybe you were not, but in either case, the experience can be very intimidating and make you feel as though you are on your heels i.e., on the defensive before the lawsuit even gets going.  When you have  been served with a lawsuit, there are definitive steps that you can and should take right away…
Continue Reading I Have Been Served with a Lawsuit – What do I do Now?

I don’t usually insert reviews I get into a blog post, but yesterday I got a very nice review I want to share with you.  Here is the review:

If you are ready to start your LLC, this is the office you need to call. The process is so streamlined, the people are so knowledgeable & kind, & they work INCREDIBLY fast. I was absolutely shocked at how quickly things were done & could not be more pleased. The reasonable fees up front are well worth the potential liability avoided in the future. The items completed for my business…
Continue Reading We Got Another Nice Review